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1650 F Street NE

WASHINGTON, DC 20002
  • $1,099,900
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: DCDC2075006
$1,099,900
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,461
    SQFT
  • $447
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1975
County:

School Ratings & Info

Description

Price improvement of $100,000!! Seller motivated so bring all offers. Welcome to this fantastic investment opportunity. This is a perfect first time investment. It has 2-4 bedroom 1 bath units. They are fully self contained and each unit has it's own HVAC and hot water heaters. It is separately metered for electric. Currently 100% leased out to Section 8 tenants. This is a cash cow! Own a piece of this up and coming neighborhood with a ton of construction going on and it will only increase in value. Owners are requesting that the buyer provide proof of funds or a lender letter. TOPA has not been issued. Leases, CofO and P&L avialble within the study period.

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www.marylandshoreliving.com/homes/134751833
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1650 F Street NE WASHINGTON, DC 20002

  • Price: $1,099,900
  • Status: Active
  • On Site: 13 Days
  • MLS #: DCDC2075006
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2,461
SQFT
$447
$/SQFT
1975
Built
Neighborhood:
Old City #1
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Price improvement of $100,000!! Seller motivated so bring all offers. Welcome to this fantastic investment opportunity. This is a perfect first time investment. It has 2-4 bedroom 1 bath units. They are fully self contained and each unit has it's own HVAC and hot water heaters. It is separately metered for electric. Currently 100% leased out to Section 8 tenants. This is a cash cow! Own a piece of this up and coming neighborhood with a ton of construction going on and it will only increase in value. Owners are requesting that the buyer provide proof of funds or a lender letter. TOPA has not been issued. Leases, CofO and P&L avialble within the study period.
Exterior Features

Architectural Style Federal Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Property Condition Very Good Riparian Rights YN No Soil Types Urban Land-Sassafras-Chillum Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2461 Appliances Built-In MicrowaveDishwasherDisposalDryerExhaust FanRange HoodRefrigeratorStoveWasherWasher/Dryer StackedWater Heater Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CHeat Pump(S) Fireplace YN No Fireplaces Total 0 Heating Central Heating YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Assessment Year 2022 Central Air YN Yes Cooling Fuel Electric Cross Street 16th Street Existing Lease Type Weekly Foundation Details Block Gross Income 117301.00 Heating Fuel Electric Hot Water Electric Navigable Water YN N Net Operating Income 87387.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Number Of Units Vacant 0 Operating Expense 29914.00 Operating Expense Includes AdvertisingInsuranceSnow Removal Original MLSNumber 802008896964 Owner Pays Accounting/LegalAdvertising/Licenses And PermitsAll UtilitiesCommon Area MaintenanceInsuranceManagementSewerSnow RemovalTaxes - Real EstateWater Ownership Interest Fee Simple Possession 31-60 Days CdSubject To Existing Lease Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 4850.00 Tax Assessment Amount 630670.00 Transportation Metro/Subway Station Less Than 1 MileBus Stop Less Than 1 Mile Vacation Rental YN No Water Source Public Window Features Double Pane Zoning Rf1

 
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Maryland Shore Living | Benson & Mangold Real Estate
31 Goldsborough Street
Easton MD, 21601